Canadians, brace yourselves for economic bumps in the first half of 2024! That’s the sobering prediction from renowned author and columnist Conrad Black in his recent National Post article, “Hard currency standard the best way to fix Canada’s teetering economy.” But Black doesn’t just paint a gloomy picture; he offers […]
Conrad Black’s article in the National Post paints an overly pessimistic picture of Canada under Justin Trudeau’s leadership. He points to issues like high debt, capital flight, and housing affordability as evidence of the country’s decline. However, declaring Canada “an abject failure” seems hyperbolic. Canada remains one of the most […]
The Liberal government’s response to allegations of Chinese election interference has been overtly partisan and dismissive, showing that the federal government is not capable of properly functioning as a country. This was highlighted by the exchanges between MPs at Thursday’s procedure and House affairs committee meeting, where Liberal MP Greg […]
Two top American scientists have warned that the world will face massive starvation if Net Zero policies ban the production of nitrogen fertiliser derived from fossil fuels. In their paper ‘Challenging ‘Net Zero’ with Science’, Emeritus Professors William Happer and Richard Lindzen of Princeton and MIT respectively, along with geologist […]
In all of these circumstances, the rest of the world has little choice but to assume that Iran and North Korea are about to become nuclear powers, joining the United States, Russia, the United Kingdom, France, China, Israel, India and Pakistan. The thought of the aggressive dictatorships of Iran and […]
On June 14, the government of Prime Minister Justin Trudeau suspended its controversial vaccine mandates as they applied to federal workplaces and for travel, the two sectors where the federal government had the authority to issue regulations. However, ministers made it clear that the mandates weren’t dead but merely suspended […]
Decades of police and prosecutorial abuses have demonstrated that it is right for us to be suspicious The FBI raid on Donald Trump’s Mar-a-Lago home has brought intense focus on America’s criminal justice system. Department of Justice is not in the custom of commenting upon ongoing criminal investigations, but an […]
Hackers continue to search for weaknesses in popular decentralized finance protocols, and Curve Finance is the latest platform to fend off an attack. On Tuesday the popular decentralized stablecoin exchange fell victim to a domain name system hijack in which hackers briefly took control of the project’s homepage. The exchange […]
The ECB “Bought Lots Of Italian Gov’t Bonds And Sold Lots Of German Bunds” To Reverse Spread Blowout
In the first data release since the ECB activated PEPP reinvestment flexibility, we find a heavy skew in country allocation, away from core countries like Germany and towards the periphery, especially Italy and Spain, over the month of July 2022. The ECB bought lots of Italian gov’t bonds in June […]
Government Accountability Office finds the U. Department of Education miscalculated the cost of the federal student loan program. From 1997 to 2021, the Education Department estimated that payments from federal direct student loans would generate $114 billion for the government. But the GAO found that, as of 2021, the program […]